Prime Minister (PM) Shehbaz Sharif is set to visit the United States next month for an official trip. During this visit, the PM is expected to meet US President Donald Trump. The visit will also include attending the United Nations General Assembly in New York.
Before arriving in the US, the PM will stop in the United Kingdom. Deputy Prime Minister and Foreign Minister Ishaq Dar will accompany the PM on this trip. Ishaq Dar is also expected to meet US Secretary of State Marco Rubio during their visit.
Preparations are already underway in Islamabad for Secretary Rubio’s planned visit to Pakistan in October. Officials describe this visit as a significant step to strengthen bilateral relations between the two countries.
In a related development, the US has recently decided to reduce tariffs on Pakistani exports. This move is being seen as a success for both the Pakistani and US administrations. The tariff on Pakistani goods has been lowered to 19 percent, which is 10 percent less than the earlier proposed rate.
For comparison, Indian exports face tariffs of 25 percent, while Bangladeshi exports are taxed at 20 percent in the US. The reduction in tariffs is expected to help Pakistan’s exports gain better access to the US market.
The Finance Ministry has expressed hope that this tariff cut will open new opportunities for Pakistani products in the US. They especially believe that the textile sector, a major part of Pakistan’s exports, will benefit greatly from this decision.
In summary, the PM’s upcoming visit to the US and UK, along with the positive tariff changes, mark important developments for Pakistan’s foreign relations and trade. Both moves aim to enhance ties and boost Pakistan’s economy through stronger international cooperation.
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